Treasurer

JOB SUMMARY

The Treasurer of the Bank plays a pivotal role in safeguarding the organization’s financial health and ensuring that the company’s financial resources are effectively managed and utilized. Reporting directly to the Chief Strategy Officer, the Treasurer is responsible for overseeing all aspects of treasury operations. In this role, you will have the opportunity to contribute to the organization’s strategic initiatives and shape our treasury function to support our journey.

• Risk Management: Implement, monitor, and optimize robust risk management policies, procedures, and strategies to identify, assess, and mitigate financial risks; including interest rate risk, credit risk, market risk, and liquidity risk. Risks should be assessed and modeled with varying assumptions and scenarios. Actively and continuously collaborate with bank’s Enterprise Risk Management department, office of the Chief Risk Officer, and other key risk-focused contributors throughout the organization.
• Strategic Planning: Develop and execute the bank's treasury strategy in alignment with our growth objectives, risk tolerance, and regulatory requirements. Contribute to the organization’s strategic financial planning process, particularly in the areas related to financial management and risk mitigation.
• Asset and Liability Management (ALM): Lead ALM and ALCO-related activities, including balance sheet optimization, interest rate risk management, liquidity management, and capital allocation. This role will have responsibility to engage to the firm’s Board of Directors and Finance sub-committee.
• Capital Management: Manage capital adequacy and allocation, ensuring compliance with regulatory capital requirements and optimizing capital deployment to support growth. Oversee and advise stakeholders as it relates to capital planning, capital contingency development, capital stress testing, and capital scenario analysis and modeling activity. Further, the Treasurer should have the ability to actively lead the tactical process around a debt or equity capital offering.
• Funding and Liquidity: Oversee the bank's deposit and wholesale funding strategies. Maintain adequate liquidity buffers and contingencies, manage funding sources to support business operations, manage collateral, and provide for regular and well-designed liquidity stress testing, contingency funding plan testing, and dynamic funding scenario modeling and analysis.
• Investment Management: Manage the firm’s robust fixed income securities portfolio in alignment with policy objectives set forth by the company’s board of directors. Conduct thorough analysis and research to make informed investment decisions. Additionally, this position is responsible for monitoring a portfolio of strategic investments held at the bank and holding company.
• Financial Modeling: Work in alignment with FP&A in preparation of the annual operating budget, business case development, and ongoing financial forecasting. Have ability to develop and interpret complex financial models to support strategic decision-making and provide insight into the profitability and economic soundness of various products and segments.
• Funds Transfer Pricing: Design and manage the FTP framework and methodology at Communicate the Bank’s FTP approach and protocols to internal and external stakeholders.
• Derivates: Develop processes and controls that enable effective utilization of balance sheet derivatives for the purpose of managing risk exposures in alignment with risk appetite and optimizing economic outcomes. Effectively communicate derivative strategies to stakeholders.
• Policy & Internal Controls: Responsible for development and maintenance of an efficient system of policies, procedures, and supplemental control documentation related to the treasury function. Ensure appropriate awareness and adherence by bank personnel to these controls.
• Compliance and Regulatory Reporting: Ensure compliance with all relevant banking regulations and reporting requirements, liaising with regulatory bodies as necessary. Partner closely with the Bank’s Compliance teams and committees to ensure alignment…